Strategy Details

Resources

* Strategy Assets reflect all assets that are currently being managed (collectively) under the Calamos Global Growth Strategy.

Sector Weightings

AS OF 30/9/16

% of Assets

MSCI ACWI Growth

Under/Overweight %

Information Technology

32.9%

21.6%

Consumer Discretionary

16.1

17.6

Health Care

15.4

14.6

Industrials

9.9

12.1

Consumer Staples

8.0

14.1

Financials

6.5

7.5

Materials

4.6

4.8

Energy

3.3

1.8

Real Estate

1.8

2.8

Telecom Services

1.5

2.4

Representative Portfolio Ten Largest Holdings

AS OF 30/9/16

Company

Country

Sector

%

Alphabet, Inc. - Class A

United States

Information Technology

5.1

Apple, Inc.

United States

Information Technology

3.4

Taiwan Semiconductor Mfg Co.

Taiwan

Information Technology

2.7

Facebook, Inc. - Class A

United States

Information Technology

2.5

Naspers, Ltd. - Class N

South Africa

Consumer Discretionary

2.4

Intuitive Surgical, Inc.

United States

Health Care

2.2

Alibaba Group Holding, Ltd.

China

Information Technology

2.1

Tencent Holdings, Ltd.

China

Information Technology

2.1

Newmont Mining Corp.

United States

Materials

2.0

KION Group, AG

Germany

Industrials

2.0

Characteristics

AS OF 30/9/16

Calamos Portfolio

MSCI ACWI Growth

Assets in Strategy

$238.2 million

N/A

# of Holdings

89

1,425

Portfolio Turnover %(Since Inception)

N/A

N/A

Median Market Cap ($bil)

$27.0

$8.7

Weighted Average Market Cap ($bil)

$128.3

$104.6

ROIC %

20.0%

18.3%

Debt/Capital %

29.2%

38.7%

PEG Ratio (1 year forward)

1.6x

1.9x

Composite Summary

AS OF 30/9/16

Period Ending

Composite Assets
(in Millions)

Total Assets
(in Millions)

% Of Total Assets
Managed

# Of Clients

Average Acct. Size
(in Millions)

12/31/2015

230

21,908

1.1%

2

115

12/31/2014

331

23,506

1.4%

3

110

12/31/2013

425

26,543

1.6%

3

142

12/31/2012

632

30,580

2.1%

3

211

12/31/2011

186

32,777

0.6%

2

93

12/31/2010

177

35,414

0.5%

3

59

12/31/2009

109

32,144

0.3%

4

27

12/31/2008

36

23,522

0.2%

2

18

12/31/2007

107

46,208

0.2%

1

107

Past performance does not guarantee or indicate future results. Portfolios are managed according to their respective strategies which may differ significantly in terms of security holdings, industry weightings, and asset allocation from those of the benchmark(s). Portfolio performance, characteristics and volatility may differ from the benchmark(s) shown.

The information portrayed on the composition tab is supplemental information to the Calamos Global Growth Composite and as such only relate to the representative portfolio shown. Representative holdings and portfolio characteristics are specific only to the portfolio shown at that point in time. Other portfolios will vary in composition, characteristics, and will experienced different investment results. The representative portfolio shown has been selected by the advisor based on account characteristics that the advisor feels accurately represents the investment strategy as a whole.

Returns presented reflect the Calamos Global Growth Composite which is an actively managed composite primarily investing in a globally-diversified portfolio of equity securities. The Composite was created March 22, 2007 calculated with an inception date of April 1, 2007 and includes all fully discretionary, tax-exempt, fee paying accounts, including those no longer with the Firm.

Unmanaged index returns assume reinvestment of any and all distributions and, unlike fund returns, do not reflect fees, expenses or sales charges. Investors cannot invest directly in an index. The MSCI ACWI Growth Index is a free float-adjusted market capitalization weighted index that is designed to measure the growth equity market performance of developed markets and emerging markets.

The opinions referenced are as of the date of publication and are subject to change due to changes in the market or economic conditions and may not necessarily come to pass. Information contained herein is for informational purposes only and should not be considered investment advice.

The information provided in this report should not be considered a recommendation to purchase or sell any particular security. There is no assurance that any securities discussed herein will remain in an account's portfolio at the time you receive this report or that securities sold have not been repurchased. The securities discussed do not represent an account's entire portfolio and in the aggregate may represent only a small percentage of an account's portfolio holdings.

It should not be assumed that any of the securities transactions or holdings discussed were or will prove to be profitable, or that the investment recommendations or decisions we make in the future will be profitable or will equal the investment performance of the securities discussed herein.

Average annual total return measures net investment income and capital gain or loss from portfolio investments as an annualized average assuming reinvestment of dividends and capital gains distributions.

44605C

Annualized Total Returns

AS OF 30/9/16

1-Year

3-Year

5-Year

Since Inception (4/07)

Global Growth (Gross)

12.15%

7.35%

10.89%

7.83%

Global Growth (Net)

10.91%

6.18%

9.65%

6.68%

MSCI ACWI Growth

12.47%

7.13%

12.19%

5.08%

Calendar Year Returns

AS OF 30/9/16

Qtr Ending Sep 16

YTD 2016

2015

2014

2013

2012

2011

2010

2009

2008

04/01/2007 to 12/31/2007

Global Growth (Gross)

8.66%

4.79%

6.04%

1.87%

20.97%

14.35%

-0.78%

26.62%

57.32%

-45.03%

20.41%

Global Growth (Net)

8.36%

3.92%

4.90%

0.77%

19.61%

12.98%

-1.75%

25.49%

55.89%

-45.75%

19.49%

MSCI ACWI Growth

5.35%

6.06%

1.91%

5.82%

23.62%

17.17%

-7.04%

15.49%

38.10%

-42.71%

13.82%

Past performance does not guarantee or indicate future results. Portfolios are managed according to their respective strategies which may differ significantly in terms of security holdings, industry weightings, and asset allocation from those of the benchmark(s). Portfolio performance, characteristics and volatility may differ from the benchmark(s) shown.

Returns presented reflect the Calamos Global Growth Composite which is an actively managed composite primarily investing in a globally-diversified portfolio of equity securities. The Composite was created March 22, 2007 calculated with an inception date of April 1, 2007 and includes all fully discretionary, tax-exempt, fee paying accounts, including those no longer with the Firm.

Unmanaged index returns assume reinvestment of any and all distributions and, unlike fund returns, do not reflect fees, expenses or sales charges. Investors cannot invest directly in an index. The MSCI ACWI Growth Index is a free float-adjusted market capitalization weighted index that is designed to measure the growth equity market performance of developed markets and emerging markets.

The opinions referenced are as of the date of publication and are subject to change due to changes in the market or economic conditions and may not necessarily come to pass. Information contained herein is for informational purposes only and should not be considered investment advice.

The information provided in this report should not be considered a recommendation to purchase or sell any particular security. There is no assurance that any securities discussed herein will remain in an account’s portfolio at the time you receive this report or that securities sold have not been repurchased. The securities discussed do not represent an account’s entire portfolio and in the aggregate may represent only a small percentage of an account’s portfolio holdings.

It should not be assumed that any of the securities transactions or holdings discussed were or will prove to be profitable, or that the investment recommendations or decisions we make in the future will be profitable or will equal the investment performance of the securities discussed herein.

Average annual total return measures net investment income and capital gain or loss from portfolio investments as an annualized average assuming reinvestment of dividends and capital gains distributions.

44605B

Risk/Reward Since Inception

AS OF 30/9/16

Calamos Global Growth Composite

MSCI ACWI Growth

Alpha

2.58%

N/A

Beta

1.04

1.00

Standard Deviation

18.78%

17.38%

Upside Semivariance

16.59%

12.37%

Downside Semivariance

13.16%

12.87%

Sharpe Ratio

0.3840

0.2565

Information Ratio

0.5604

N/A

Since Inception Up/Down Capture Vs. MSCI ACWI Growth

AS OF 30/9/16

Past performance does not guarantee or indicate future results. Portfolios are managed according to their respective strategies which may differ significantly in terms of security holdings, industry weightings, and asset allocation from those of the benchmark(s). Portfolio performance, characteristics and volatility may differ from the benchmark(s) shown.

Returns presented reflect the Calamos Global Growth Composite which is an actively managed composite primarily investing in a globally-diversified portfolio of equity securities. The Composite was created March 22, 2007 calculated with an inception date of April 1, 2007 and includes all fully discretionary, tax-exempt, fee paying accounts, including those no longer with the Firm.

Unmanaged index returns assume reinvestment of any and all distributions and, unlike fund returns, do not reflect fees, expenses or sales charges. Investors cannot invest directly in an index. The MSCI ACWI Growth Index is a free float-adjusted market capitalization weighted index that is designed to measure the growth equity market performance of developed markets and emerging markets.

The opinions referenced are as of the date of publication and are subject to change due to changes in the market or economic conditions and may not necessarily come to pass. Information contained herein is for informational purposes only and should not be considered investment advice.

The information provided in this report should not be considered a recommendation to purchase or sell any particular security. There is no assurance that any securities discussed herein will remain in an account’s portfolio at the time you receive this report or that securities sold have not been repurchased. The securities discussed do not represent an account’s entire portfolio and in the aggregate may represent only a small percentage of an account’s portfolio holdings.

It should not be assumed that any of the securities transactions or holdings discussed were or will prove to be profitable, or that the investment recommendations or decisions we make in the future will be profitable or will equal the investment performance of the securities discussed herein.

Average annual total return measures net investment income and capital gain or loss from portfolio investments as an annualized average assuming reinvestment of dividends and capital gains distributions.